New fiscal regime for mining seen by June

House Speaker Gloria Macapagal-Arroyo said on Tuesday that both chambers of Congress were working to pass a new fiscal regime for the mining industry before the joint session ends in June. During the Nickel Initiative 2019 where Arroyo was the guest speaker, she said the Senate adopted the House version of a bill that would […]


GMA appeals to mining firms to help Du30 achieve PH goals

House Speaker Gloria Macapagal Arroyo has called on the mining industry to help President Rodrigo Duterte achieve his economic and environmental agenda by working closely with the Department of Environment and Natural Resources to make sure that laws on sustainable and responsible mining are carried out. “We should help the sector and help the DENR. […]


Stakeholders’ collaboration needed to add value to mining sector

MANILA — The Philippine Nickel Industry Association (PNIA) said there is a need for collaborative efforts between stakeholders in government and the private sector to be able to explore global trends and opportunities in nickel consuming sectors. “There is so much potential for nickel, how important it is in the commodities because we use nickel […]


Value-added processing needs right policies – PNIA

While the Philippine mining industry recognizes the benefits of putting up value-added processing plants in the country to lower production costs and raise revenues, there is a need to review the complexity of the measure as not all that are established are bound to succeed. In a press conference in the Nickel Initiative 2019 on […]


Speaker calls for more domestic ore processing

SPEAKER Gloria Macapagal-Arroyo said the mining industry needs to set up its own processing facilities to allow value-addition to take place domestically, though some miners expressed skepticism due to the current freeze on granting new mining permits. In her speech during the Nickel Initiative 2019 held at the Shangri-la Hotel in Taguig City on Tuesday, […]


Nickel production seen to go down further in 2019

Nickel production is expected to decline further this year amid the government’s order limiting areas to be mined. Philippine Nickel Industry Association (PNIA) president Dante Bravo said the group saw lower production this year because miners’ had limited areas where they could operate. “For this year, it should be around [lower by] 10-20 percent,” Bravo […]


Duterte signs law extending Philippine Broadcasting Corporation’s franchise for 25 years

President Rodrigo Duterte has signed the law extending for another 25 years the franchise of the Philippine Broadcasting Corporation. Duterte signed Republic Act 11240 on March 8, a copy of which was released by Malacañang on Tuesday. Under the law, the PBC must secure appropriate permits and licenses from the National Telecommunications Commission (NTC) for […]


Peso sinks ahead of Fed meeting

The Philippine peso softened against the US dollar on Tuesday, as market investors awaited this week’s meeting of the US Federal Reserve. The local currency lost 18 centavos to close at P52.83:$1 from Monday’s finish of P52.65:$1. “Investors are waiting for the US Federal Reserve’s message this week knowing that the Fed has been dovish […]


Nickel industry says easing mining policies will spur investment in processing plants

Easing mining policies will encourage investments in mineral processing plants to support President Duterte’s call for downstream processing of metallic mineral resources, the Philippine Nickel Industry Association (PNIA) said. At a conference in Taguig City on Tuesday, PNIA president Dante Bravo said that private and public stakeholders should start discussion on how to pave the […]


e-vehicle group eyes help of battery firms

After drawing about P3 billion worth of investments from assembly line and supply investors, the country’s e-vehicle group has urged battery makers to set up manufacturing operations in the Philippines. E-Vehicle Association of the Philippines expects as much as one million e-vehicles plying the roads, which will be a combination of e-trikes, motorcycles, e-jeeps and […]